1489039
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

The Maximized Saving on Deduction portion for my education is $2400 but the other options one is higher and it is called the Tuition Deduction How do i change it to that?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Hal_Al
Level 15

The Maximized Saving on Deduction portion for my education is $2400 but the other options one is higher and it is called the Tuition Deduction How do i change it to that?

If the $2400 is the American Opportunity Credit (AOC), that $2400 is a tax credit, not a deduction.  The Tuition and Fees deduction (TFD) is a maximum of $4000. But that is only s deduction from  income.  If you are in the 12% tax bracket, that $4000 deduction is only worth a $480 tax reduction (same as a credit) to you.  $2400 is better.

 

But to answer your question: to change it, type > letme <in the search box. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question